Australia’s BlueScope Steel raises half-year earnings forecast

The steel maker said it expects higher earnings before interest and tax at A$460 million ($352.45 million), compared with earlier forecast of A$420 million.

Reuters | December 21, 2017 | 9:06 am

Chile’s Antofagasta reaches wage agreement at Centinela mine

Chilean miner Antofagasta Plc said on Wednesday it had reached a new wage agreement with unionized workers at its Centinela mine.

Reuters | December 20, 2017 | 3:32 pm

Thyssenkrupp shareholders get impatient for change

Investors becoming impatient with pace of its restructuring, putting pressure on CEO Hiesinger to fix underperforming units and revive flagging share price.

Reuters | December 20, 2017 | 10:19 am

Peru $2 bn copper mine auction rescheduled for February

Auction for $2 billion Michiquillay copper mine project in Peru was canceled by government of President Pedro Pablo Kuczynski but is now slated for February.

Reuters | December 20, 2017 | 10:01 am

Mining listings bring Indian gold and Irish zinc to London

Two exploration companies with assets spanning gold in India to zinc in Ireland to list their shares on London's Alternative Investment Market on Thursday.

Reuters | December 20, 2017 | 9:54 am

Miners big and small bank on China’s hunger for high-grade iron ore

China's aggressive campaign to clean its skies by clamping down on polluting steel mills has fuelled a need for high-grade iron ore.

Reuters | December 19, 2017 | 3:53 pm

French steel firm Ascometal attracts four bidders – unions

Liberty House, Schmolz + Bickenbach and Spain's Sidenor submitted offers by a Monday deadline, while an unnamed party submitted a letter of intention.

Reuters | December 19, 2017 | 9:38 am

Threat of strikes looms large for copper supply in 2018: Andy Home

Strikes and slashed funds at South American copper operations could be an early sign of what is likely to be a defining feature of the market next year.

Reuters | December 19, 2017 | 9:30 am

India’s Tata Steel board approves up to $2 bln rights issue

The company's Kalinganagar plant will be expanded by 5 million tonnes per annum (tpa) to 8 million tpa, entailing a total investment of 235 billion rupees.

Reuters | December 19, 2017 | 9:04 am

Acacia to sell Burkina Faso asset for $45 m to Canada’s Sandstorm Gold

The deal is expected to close early in the first quarter of 2018.

Reuters | December 19, 2017 | 8:56 am

Dalian iron ore, coking coal extend gains even as steel retreats

Iron ore futures in China rose for a second session on Tuesday, supported by demand from steel producers for high-grade raw material to boost productivity.

Reuters | December 19, 2017 | 8:47 am

BHP says likely to quit global coal lobby group

BHP said it would seek responses from the World Coal Association over policy differences before making a final decision on whether to quit in March 2018.

Reuters | December 19, 2017 | 8:28 am

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